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Message:: [QUOTE="Slider, post: 1710030, member: 44205"]Why would $50 be the tipping point?  And if so, why didn't the recent high of $49 and change do the trick?  And who exactly would it tip off?  Not Joe Six-Pack working 4x12's plus overtime to pay the mortgage.  Institutional investors?  Hedge funds? Rich people?  Politicians? Most of these people of wealth measure their wealth in fiat.  Will they suddenly see the light and pour dollars into metal en mass? It's almost impossible to fathom the ruin that would be wrought upon the global economy should a major currency like the U.S. dollar fail. The interdependence of modern economies would cause a chain reaction...We talk about U.S. institutions that are too big to fail, well, the U.S. dollar is too big to fail.  Which is why it won't happen. NOBODY (outside of PM stackers) wants to see the dollar fail.  And that's why they won't let it.[/QUOTE]